krustie allslop Posted January 18, 2006 Share Posted January 18, 2006 UCB Home Loans: Property investment set to rise Tue 17th Jan 2006 UCB Home Loans has revealed that brokers believe Britons will be investing in property rather than shares over the next five years. The research, which surveyed 523 mortgage brokers, found that 55 per cent believe that property would yield the greater return, compared to 45 per cent who opted for shares, reports Mortgage Introducer. Keith Astill, managing director at UCB Home Loans, told the mortgage news website: "The research shows that brokers are obviously expecting property to outperform equities over the next five years." The news comes after the Nationwide revealed that the FTSE 100 grew by 16 per cent in 2005, while the housing market only saw an increase of three per cent. However, the FTSE is still ten per cent below its 1999 level, while house prices across the UK are an average two times higher than they were in 1999. Quote Link to comment Share on other sites More sharing options...
frugalista Posted January 18, 2006 Share Posted January 18, 2006 However, the FTSE is still ten per cent below its 1999 level, while house prices across the UK are an average two times higher than they were in 1999. Isn't that last remark best interpreted as bullish for shares? I mean, if shares were at some high level in 1999 it proves that people were at some point prepared to pay that money. Property, on the other hand, is in uncharted territory. frugalista Quote Link to comment Share on other sites More sharing options...
colonel faulkner Posted January 18, 2006 Share Posted January 18, 2006 UCB Home Loans: Property investment set to rise The research, which surveyed 523 mortgage brokers, found that 55 per cent believe that property would yield the greater return, compared to 45 per cent who opted for shares, reports Mortgage Introducer. 45% of turkeys voted for Christmas.........??? Quote Link to comment Share on other sites More sharing options...
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